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Provider: Reuters Investment Profile
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Elisa Oyj Wins 2x10 MHz of 800 MHz Spectrum Auction


Wednesday, 30 Oct 2013 08:45am EDT 

Elisa Oyj announced that the auction for the LTE 800 MHz spectrum ended on October 30, 2013 and the Company won 2x10 MHz of spectrum according its target. The fee for the license is EUR 33.3 million and it will be paid in five annual installments in 2013 - 2017. The license is valid from January 1, 2014 to December 31, 2033. Elisa has already in use the 2.6 GHz and 1.8 GHz frequencies for LTE. The 800 MHz LTE network construction will begin in 2014. The license fee has no impact on Elisa's profit distribution capabilities. 

Company Quote

20.28
0.28 +1.40%
5:17am EDT